Guest guest Posted January 11, 2008 Report Share Posted January 11, 2008 Probably no surprise that big pharma spends more on promotion than on R & D but someone has actually quantified it. -jennifer Gagnon MA, Lexchin J (2008) The Cost of Pushing Pills: A New Estimate of Pharmaceutical Promotion Expenditures in the United States. PLoS Med 5(1): e1 doi:10.1371/journal.pmed.0050001 http://medicine.plosjournals.org/perlserv/?request=get-document & doi=10.1371%2Fjo\ urnal.pmed.0050001 & ct=1 Abstract Introduction The amount spent on pharmaceutical promotion versus research and development is central to the debate around whether the pharmaceutical industry is primarily driven by innovation or marketing. Information on promotional expenditures from IMS, the most widely quoted authority that surveys pharmaceutical firms, may not be reliable. Methods We accessed data from CAM, a global market research company dedicated to survey physicians to audit promotional and marketing activities undertaken by the pharmaceutical industry, compared its estimates to those from IMS and determined the relevant figures from both organizations in each category of promotional expenditures to arrive at a new estimate of total spending. Results Pharmaceutical promotion in the United States in 2004 is as high as $57.5 billion compared to the figure of $27.7 billion given by IMS. Excluding direct-to-consumers advertising and promotion towards pharmacists, the industry spent around $61,000 in promotion per practicing physician. Comment As a percent of U.S. domestic sales of $ 235.4 billion, promotion consumes 24.4% of the sales dollar versus 13.4% for R & D. In light of these numbers, one can safely argue that marketing is predominant over R & D in the pharmaceutical industry, contrary to the industry’s claim. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted January 11, 2008 Report Share Posted January 11, 2008 What they don't say is a large part of pharma research is done at U.S. universities through taxpayer funded grants. This medical research grant money is part of the Defense budget. The government isn't in the money making business so the drug is given to the pharma companies. This was in one of Noam Chomsky's books. I'll leave it up to you to determine if this is defending for or against our health. It's at least offensive in that all citizens pay for most or every part of the entire process wheather it be r & d, FDA approval, taxes not returned from advertising write offs or at the pharmacy. Some even buy stock too. Wanita " Steinbachs " jen@... wrote: >Probably no surprise that big pharma spends more on promotion than on >R & D but someone has actually quantified it. ________________________________________________________________________________\ ____ Be a better friend, newshound, and know-it-all with Mobile. Try it now. http://mobile./;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ Quote Link to comment Share on other sites More sharing options...
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